Solutions To Meet All Your Banking Needs

Today, you have more banking options (and needs) than ever. To that end, it helps to work with a reputable credit union that has exactly what you require to build and maintain your financial house. Valley Credit Union can set you up with much more than just a standard credit union account. Learn more about the many banking services we provide to help give you financial peace of mind for every aspect of your life.

Banking Options

Our goal is to make your money work for you, no matter if it’s everyday spending, saving or investing. At VCU, we offer a range of options to keep you covered from every financial angle. Our banking options include:

  • Checking
  • Savings
  • IRA
  • Certificates

Our banking experts are here to break down your options, help you understand how different accounts work and determine how to choose an account that’s the best fit for you and your specific financial goals. Let’s take a look at each type of credit union bank account.


One of the main reasons to opt for a local credit union over a bank is that credit unions often provide better interest rates on your deposits. We offer checking accounts for those who have never banked with a credit union before, as well as bankers looking to earn dividends through their checking account. Depending on the specific account you choose, you can enjoy a number of great features:

  • $5 minimum deposit to open an account
  • No minimum balance or monthly maintenance fees with the Everyday Checking account ($500 minimum monthly balance with the Elite account)
  • A yearly box of free checks with the Elite account
  • One waived loan processing fee a year with the Elite account

We add convenience to the debit card connected to your checking account. For instance, we’ve set up fraud management so you remain in the driver’s seat regarding how, when and where your card is used. Valley Credit Union cards also come with EMV chips to safeguard your data. You'll also have access to 30,000 free ATMs and 5,600 shared branches, and can integrate your debit card and account with mobile payment options like Google Pay, Apple Pay and Samsung Pay.


Don’t forget to stash money in a savings account for financial emergencies and long-term financial goals. With a savings account opened with our financial cooperative, you’ll have access to dividends that are credited, calculated and compounded on a monthly basis. Your account is federally insured by the National Credit Union Administration for up to $250,000.

If you find you go into debt when the holidays roll around, or can’t seem to save up as much as you’d like for a vacation, we’ve got you covered. We offer a number of special club accounts designed around specific financial needs:

  • Financial emergencies
  • Holiday spending
  • Taxes
  • Vacation
  • Cost of education

We’d be remiss if we didn’t touch on the high yield shares that come with our savings account. Specifically, the dividends that come with high yield shares outstrip those of our club accounts or membership shares. You’ll always have complete access to your money when you need it most. There’s no reason for you to have to jump through unnecessary hoops to use your own funds how you see fit.


While the future of what retirement will look like for future generations is up in the air, there’s no questioning that a retirement account is a necessity for everyone. Open either a standard IRA or a Roth IRA.

With a traditional IRA, you can enjoy tax-deductible contributions and tax-deferred earnings. Your earnings are only taxed when you withdraw them. If you’d rather not deal with taxes and penalties when it comes to your retirement plan, you may be better suited for a Roth IRA. It’s best to sit down with one of our financial professionals to determine which is best for you and how to make the most of your retirement account.


For those long-term financial goals, you can’t go wrong with certificate investments. We offer a variety of certificates:

  • Jumbo share
  • Share
  • Yield plus
  • Limited/Special

No matter which is best for you, you’ll enjoy higher dividend earnings.

If you’re a resident of Salem, OR, we welcome you to stop by Valley Credit Union. Let us help you personalize your account and aid in planning your financial future. Feel free to give us a call today at 503-364-7999, or send a Contact Us form.